J & T GROUP ACQUIRES BAYSHORE BANK & TRUST

Bayshore Press Release - May, 2008

The J & T Group is proud to announce the completion of another step in their
banking strategy by acquiring Bayshore Bank & Trust (Barbados) Corporation
(Bayshore), a leading private bank in the Caribbean. The Group is building an
international bank network that will combine the high value service traditions of
niche private banks with the investment depth of a world class major financial
institution. The local banks will provide the customized structuring strategies while
the global entity will use its negotiating strength to source and execute the best
investment solutions for each individual client situation.

Mr. John P. Bujouves,
Chairman of Globacor Capital and Founding Chairman of Bayshore,
recognized J & T as an excellent partner to help expand international
operations. “It is a group with a developed infrastructure and
strong vision, which it fulfills thanks to its high-quality management”.
Mr. Bujouves goes on to state, “There is a very
strong fit with our respective approach to service and business
discipline. We also share similar philosophies on investment styles,
which includes objective sourcing of the world’s top-class investments.
Bayshore itself has been growing rapidly over the past several years,
most significantly with its acquisition and integration of CIBC's
Trust business in Barbados and Private Counsel Trust in The Turks
&Caicos.”

J & T Group shareholders are very excited to add Bayshore clients
and staff to the growing organization.